8, ANDERRI WAY, SHANKLIN, PO37 7EF - £302,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 ANDERRI WAY is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £302,500 in January 2022, which was around 26% below the average January 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

8 ANDERRI WAY Sold Prices

Land registry data shows two sales for 8 ANDERRI WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 8 ANDERRI WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 7 JAN	£302,500	£409,621	26% below HPI
1996 11 SEP	£60,000	£71,831	16% below HPI

8 ANDERRI WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two 8 ANDERRI WAY sales from September 1996 and January 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 1996 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 8 ANDERRI WAY?

8 ANDERRI WAY is 69m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 8 ANDERRI WAY lies on this distribution: 10% of detached houses are smaller than 8 ANDERRI WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

8 ANDERRI WAY: Plot and Title Map

8 ANDERRI WAY sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 8 ANDERRI WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 ANDERRI WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 ANDERRI WAY?

8 ANDERRI WAY is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 8 on ANDERRI WAY.